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With over 660 banks live on the platform and a user base nearing 250 million—primarily concentrated in urban areas—UPI’s ...
India’s digital payments ecosystem is expanding rapidly, with UPI (Unified Payments Interface) playing a dominant role in transforming financial transactions. According to the India Digital Payments ...
While India’s Unified Payments Interface (UPI) continues to break monthly transaction records, the earlier breakneck pace of ...
A potential challenge for UPI's growth is whether users should pay transaction fees. Previously, an MDR of 30 basis points was charged but was waived in 2020 to boost adoption. To offset merchant ...
India’s Unified Payments Interface (UPI) has succeeded in increasing financial inclusion and promoting equitable economic growth by enabling underserved groups, including subprime and new-to ...
The broader UPI merchant payment ecosystem continues to expand, registering a 23 per cent year-on-year growth in February 2025. Paytm’s extensive merchant network and its diversified financial ...